- About CFSA
- Policy Makers
The Community Financial Services Association of America (CFSA) is the leading national association representing non-bank lenders that offer small-dollar credit products and other financial services. As consumers demand a more robust and diverse product mix to meet their evolving credit needs, CFSA members are paving the way in new product development and technology advances for the 21st century consumer. We are committed to joining with policymakers and other stakeholders to develop regulations that keep pace with industry advancements and ensure safe and viable credit options remain available to consumers.
The CFPB’s action will ensure that essential credit continues to flow to communities and consumers across the country, which is especially important in these unprecedented times....
July 7, 2020
By Mickey Mays
The Consumer Financial Protection Bureau (CFPB) will soon release a final rule to fix the most glaring issues with its 2017 small-dollar lending rule, which stood to shutter hundreds of small businesses and leave millions of consumers without access to credit.
May 27, 2020
By Brian Lynn
Federal regulators at the Consumer Financial Protection Bureau (CFPB) are soon expected to roll back portions of a small-dollar lending rule titled, “Payday, Vehicle Title, and Certain High-Cost Installment Loans,” issued under former Director Richard Cordray. This is good news for Florida consumers and small businesses....
May 22, 2020